24/7 Blockchain industry dynamics and breaking crypto news
Prediction markets now price a ~78% chance that OpenAI will publicly release GPT-6 before September 30th, with trading volume surging. While OpenAI hasn't announced details, recent hiring and funding moves are fueling speculation about the next-gen AI model's imminent launch.
Read MoreHundreds of Claude's shared chat links were indexed by Google, exposing crypto wallet recovery phrases, social security numbers, and confidential company documents. The leak occurred due to missing noindex tags on shared pages. While Anthropic has fixed the issue, some data remains archived by third parties.
Read MoreAnthropic has refuted claims that it advocated for banning open-weight AI models. CEO Dario Amodei clarified the company's position, stating they disagree with the notion that open models are inherently safer. This highlights the ongoing industry tension between open development and AI safety.
Read MoreCME's new 24/7 gold futures trading saw strong demand on its first weekend, with nearly 15,000 contracts traded worth $60 million. Retail investors drove most of the activity amid ample liquidity and low volatility, exceeding expectations.
Read MoreCitadel Securities predicts the Fed may unexpectedly raise rates by 25bps this week to bolster its inflation-fighting credibility. The move would signal an end to forward guidance and a more hawkish, independent stance than markets currently anticipate.
Read MoreOn July 28, blockchain data revealed a transfer of 5 million USDC from Galaxy Digital's OTC desk to an address linked to BitMEX co-founder Arthur Hayes. This significant movement has ignited market speculation regarding potential institutional moves or strategic trading activities.
Read MoreCME FedWatch data indicates a 63.7% probability the Fed holds rates steady this week, with a 36.3% chance of a 25-basis-point hike. The outlook for September shows greater uncertainty, with markets pricing in potential cumulative hikes.
Read MorePresident Trump's call to end Daylight Saving Time in the US sparks debate over public health, economic impact, and daily life. The proposal could signal a major shift in time policy.
Read MoreSK Hynix's U.S.-listed shares have fallen below their IPO price shortly after debut, joining a list of large 2024 offerings to stumble. The broader semiconductor sector faces selling pressure amid concerns over high valuations and rising credit risk costs for key players.
Read MoreNVIDIA CEO Jensen Huang is traveling to Washington this week to meet with lawmakers, focusing on U.S. leadership in AI and the role of open-source development. The visit comes amid heightened concerns over AI security threats. Huang has recently advocated for open-source models, emphasizing their value for security and innovation. His itinerary coincides partially with OpenAI's Sam Altman's planned meetings, though the discussions are separately arranged.
Read MoreApple is being sued in a US federal court by three users who lost over $1.8 million in Bitcoin to a fake crypto wallet app on the App Store. The lawsuit challenges Apple's security claims, alleging its review process failed to prevent the scam app from impersonating a legitimate wallet not even available on iOS.
Read MoreUS stock indices closed mixed on July 28th. The Dow rose 0.51%, the S&P 500 edged up 0.02%, while the Nasdaq fell 0.18%. Apple surged over 1% to a record high, nearing a $5 trillion market cap and reclaiming the top global spot. The optical communications and storage sectors faced heavy selling pressure.
Read MoreCME Group has launched cash-settled single-stock futures on 77 U.S. equities, including 55 standard and 22 micro contracts. These products enable nearly 24/5 leveraged trading, allowing investors to react to earnings and market events outside regular hours.
Read MoreMorgan Stanley reports a significant shift in investor positioning ahead of key central bank meetings. Data reveals a notable increase in bullish dollar bets and concentrated selling pressure on the British pound. Divergent strategies between asset managers and leveraged funds highlight contrasting views on major currency outlooks.
Read MoreOn July 28, the onshore yuan demonstrated strength against the US dollar, closing at 6.7625, a gain of 77 pips from the previous session's night close. Trading volume reached $29.356 billion, indicating active market participation and reflecting recent dynamics in the foreign exchange market.
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